How well is your Accounting and Business Software working for you?

Your accounting and business software is an integral part of your business – it’s the principal source of financial data for making business decisions and meeting tax compliance requirements.

Wouldn’t it be great to know that your business:

Has its Accounting and Business software set-up correctly
Is using all current technology efficiently
Makes use of all available time-saving features
Gets the most out of the process/productivity-improving applications (apps)
Accounting software is in good working order (no errors or mistakes)

The best way to ensure your business systems are working efficiently is by getting a Nexia New Zealand Accounting and Business Software Health Check.

What’s involved in an Accounting and Business Software Health Check?

1: Comprehensive Review of Current and Future Business Requirements

The initial phone meeting with a qualified Chartered Accountant and Accounting Software expert to:

Understand what your current systems are for accounting, payroll and other key areas of your business
Discuss current ‘known’ issues with your accounting system
Discuss the current ‘challenges’ affecting the business processes
Discuss accounting and business software access requirements for our review.
A business software questionnaire is sent our for you to complete (takes around 15-30 minutes)
A comprehensive system review which will be completed remotely for cloud-based systems or onsite for server-based systems
Our accounting and business software ‘Health Check’ report’ will be sent to you for initial review

2: Detailed Health Check report

We will provide you with a detailed report of our findings and a list of recommendations.

The Health Check report will highlight what actions are required; we will then discuss the best way forward to addresses changes, whether this is by your team or if you need additional support from Nexia New Zealand specialists.

Recommendations for ‘Quick Fix’ change - Coding changes, adding bank rules
Recommendations for critical areas that require attention - Missing transactions, non-reconciled bank accounts, fixed asset incorrectly assigned
Recommendations ‘Best Practice’ Ideas for non-critical areas of your business - These will not be critical to your business, but recommendations from our technology specialists on how you can improve your current systems.
Technology application recommendations - Based on our knowledge of your accounting software, and supporting applications we will provide you with options to consider.
Action Plan - The action plan will highlight who is responsible for addressing the critical and non-critical improvement recommendations from the Health Check report.

3: Review and Discuss Health Check Report Recommendations

We then meet with you to discuss the Health Check report recommendations, demonstrate any new applications and answer any questions you may have.

Information Systems

What our clients are saying

Two of New Zealand’s leading football administrators are at the helm of this success story, Bill Cowen and Craig Rhodes. Walker Industries is an inspiring tale.

Bill and Josie Cowen bought their first business in March 2010, in tumultuous earthquake laden times. With their new business premises destroyed and amidst the complexities of trading in a post earthquake city, Nexia NZ were there to provide support and to help these business owners navigate their way through the murky waters this event generated.

“Working closely with Nexia NZ has enabled us to gain a better understanding of our business and the functions that make the ‘boat go faster’. Their advice has been both personalised and professional and clearly articulated. Craig has provided tremendous support for our business.”

Today they have a thriving commercial entity with solid foundations and a bright future ahead of them as one of Christchurch’s promising manufacturing businesses.

Bill & Josie Cowen (Owners)
Walker Industries Limited

What our clients are saying

Lindsay and Marie-Louise Winchester have been clients of Nexia NZ for over 10 years.

Their initial approach was to seek the advice and expertise of Mike Medlicott, Director, whose in-depth knowledge of the farming sector proved to be invaluable.

Mike assisted the Winchesters with the strategic development of their farm until early 2014 and further when the Winchesters moved onto another business, Copyland Digital Print.

Since that change of direction Nexia NZ have continued to provide financial guidance and accounting expertise, evidence of their versatility in assisting clients in a range of businesses. Services are provided on a personal basis, such as their complimentary client review to improve business direction and long term profitability.

Lindsay & Marie-Louise Winchester (Owners)
Copyland Digital Print

What our clients are saying

Casey Thompson & Robin Curtis embarked on a 10-year journey to clean up the building industry and develop a solution that wasn’t only better for the environment, but also better for your health. The team at Health-Based Building have achieved this by developing a range of sustainable materials. These include high-performance breathable wall systems, solvent-free paint, natural wool insulation, low impact-treated framing, and exterior claddings, all of which are 100% recyclable and nasty chemical free.

Throughout this journey, the Health-Based Building team has had the support of their trusted Accountants and Business Advisors, Nexia New Zealand. “They’ve been embedded in our business from the beginning, they have a deep understanding of our systems and have the horsepower required. They give us confidence we’re ticking the boxes from a compliance perspective, but where they add value is their advisory & business planning expertise” says Robin.

The future is very positive for the Health-Based Building team, government agencies are taking note of what they are doing, and key players in the industry recognise that Health-Based Building is years ahead of the competition. “It’s exciting times; we’re working hard to educate the builders and architects. We're also looking to ramp up our operation and will be looking at our options around capital raising in 2019.” says Casey “So having a trusted partner like Nexia will become even more important for us over the next 5-10 years”.

Casey Thompson & Robin Curtis (Owners)
Health Based Building

What our clients are saying

“It’s a great comfort knowing we have Nexia in our corner, knowing someone completely understands what is coming in and what is going out from a finance perspective is vital,” says Charmaine. “But Jane also understands what is at the core of our business – our people - which is perfect for when the big decisions and investments happen; I trust her, and we have complete confidence in her ability and integrity”.

Charmaine Diver - General Manager
Rannerdale Veterans Care